Bumped ~24/06/2010
Iraqi Finance: Arab countries have refused to extinguish the debt owed by Iraq
Arbil, The Deputy Minister of Finance and the Iraqi economy Thursday, that 80% of Iraq's debt has been settled, but the Arab countries refuse to extinguish the debt owed by Iraq.
The Prophet said Fadel told Kurdistan news (Akaniwz) announced today that "even now, do not fall in the Arab countries debts and dues owed by Iraq," noting that the "political reasons for this often."
He added that "Iraq has managed to settle 80% of its debt, especially with European countries."
For his part, said economic expert Idris Ramadan said, "Iraq's delay in the payment of financial dues States on time, make the benefits of the debt increase significantly, thus increasing the loan amounts in his trust, making Iraq fails to fulfill its obligations, and calls on States to extinguish debt accumulated his trust. "
Ramadan said that "the Paris Club countries, as well as Britain turned off its debts from Iraq, but the remaining debt of the Arab countries on the political side, they seek through those loans to keep the pressure on Iraq, because those countries see it as if shot down debt for Iraq, it would be strong and be a source of danger to her. "he says.
He noted that the "survival of the debt owed by Iraq in this form, and increase the benefits achieved by, add the burden of weighing the state budget, especially when the Iraqi budget deficit significantly."
The deficit in the state budget 23 trillion Iraqi dinars.
For his part, President of the Financial and Economic Committee at the first session of the Iraqi Council of Representatives Ismail thanked for (Akaniwz) "Because the survival loans property with Iraq, Kuwait paid 5% of the will of the Iraqi oil, but foreign countries that Iraq owes them 20% of all debts decided to invest that money in Iraq. "
http://www.aknews.com/ar/aknews/2
Iraqi Finance: Arab countries have refused to extinguish the debt owed by Iraq
Arbil, The Deputy Minister of Finance and the Iraqi economy Thursday, that 80% of Iraq's debt has been settled, but the Arab countries refuse to extinguish the debt owed by Iraq.
The Prophet said Fadel told Kurdistan news (Akaniwz) announced today that "even now, do not fall in the Arab countries debts and dues owed by Iraq," noting that the "political reasons for this often."
He added that "Iraq has managed to settle 80% of its debt, especially with European countries."
For his part, said economic expert Idris Ramadan said, "Iraq's delay in the payment of financial dues States on time, make the benefits of the debt increase significantly, thus increasing the loan amounts in his trust, making Iraq fails to fulfill its obligations, and calls on States to extinguish debt accumulated his trust. "
Ramadan said that "the Paris Club countries, as well as Britain turned off its debts from Iraq, but the remaining debt of the Arab countries on the political side, they seek through those loans to keep the pressure on Iraq, because those countries see it as if shot down debt for Iraq, it would be strong and be a source of danger to her. "he says.
He noted that the "survival of the debt owed by Iraq in this form, and increase the benefits achieved by, add the burden of weighing the state budget, especially when the Iraqi budget deficit significantly."
The deficit in the state budget 23 trillion Iraqi dinars.
For his part, President of the Financial and Economic Committee at the first session of the Iraqi Council of Representatives Ismail thanked for (Akaniwz) "Because the survival loans property with Iraq, Kuwait paid 5% of the will of the Iraqi oil, but foreign countries that Iraq owes them 20% of all debts decided to invest that money in Iraq. "
http://www.aknews.com/ar/aknews/2
